GoPayz, the standalone e-wallet belonging to telco U Mobile, has rolled out a new digital gold trading feature that allows users to trade digital gold from as low as RM5. Dubbed GoGold, the feature is launched in collaboration with gold bullion trader ACE Capital Growth (ACE), which is a subsidiary of Ace Innovate Asia.

According to GoPayz, the GoGold feature is both secure and shariah-compliant, and it also offers one of the lowest gold price spreads in the Malaysian market. The low entry requirement of RM5 also offers great accessibility to the public as this means they do not need to collect a large amount of capital to begin investing.

On top of that, GoPayz also said that you can seamlessly convert your digital asset into physical gold from as low as 1g; there is no need to accumulate up a specific weight to do so. Other conversion options include 5g, 10g, 50g, 1 dinar, and 5 dinar.

In introducing the new feature, the chief marketing officer of U Mobile, Jasmine Lee said that GoGold will offer a huge flexibility to users. “We believe this is another way that GoPayz is making digital financial services accessible and affordable,” she said.

To register for the GoGold account from your GoPayz app, head on over to “Services”, and then tap on “Financial Services”. From there, look for “GoGold” to start the registration process. Once you’ve signed up for an account, you can then begin to purchase and sell digital gold. Note that payments for your purchases can be made either via the GoPayz e-wallet or through FPX.

In celebration of the launch of the new feature, GoPayz is currently running a campaign to reward early bird users who tap into GoGold. The campaign – which is slated to end on 21 September 2021 – is comprised of two deals, allowing you to win either digital gold worth RM5 or 1g of digital gold:

Deals	Rewards	Prize Caps
First 5,000 participants who upgrade their GoPayz e-wallet to the premium version within five working days from their GoGold registration	Digital gold worth RM5	5,000 winners
Spend a minimum of RM20 on GoGold via GoPayz, and stand a chance to win. Winners will be chosen from every 50th transaction. (Participants’ GoPayz e-wallet must also be upgraded to premium within five working days from their GoGold registration.)	1g of digital gold	200 winners

Each participant is only entitled to win one reward for each deal throughout the whole campaign period. The reward for the first deal (digital gold worth RM5) will be credited into your GoGold account within 14 working days from the date of your successful registration. Meanwhile, the second deal (1g of digital gold) will be credited within 14 working days after the end of the campaign period.

You can find out more about GoPayz’s new GoGold feature, as well as the ongoing promotion on its official website.

(Sources: SoyaCincau, FintechNews Malaysia)

• TAGS:
• GoGold
• Gold
• Gold Investment
• GoPayz
• Jasmine Lee
• U Mobile